Mar 19, 2013 2:30pm PDT
unacceptable -- jay carney there. steve, it is a complicated picture. what do we know about what happened and what did not happen? >> it is cloudy. it is hard to make an assessment from here. people who know about these things -- there seems to be a consensus that we should at least be cautious about these claims. -look at the video of the victims, they do not seem to have the injuries that would be consistent with the chemical weapons attack. talking about smelling the chemical agent, you would have needed vast quantities of chlorine, which was used by insurgency in iraq. these experts do not believe -- certainly the rebels and possibly not the syrian government as well -- have the power capacity to deliver chlorine on the scale. >> whether or not this attack happened, clearly, the white house is watching carefully. what do they mean when they say it is totally unacceptable or would be totally unacceptable? >> the white house response has been multilayered and really quite nuanced today. they have, as she said, flatly rejected the suggestion that the rebels carried out a chemical attack.
Mar 25, 2013 4:00pm PDT
of this deal? steve forbes is the chairman and editor of chief of forbes media, he joined me from new york. i understand that if you're an investor in spain or italy, you're watching nervously what's happening in cyprus. but if you're a businessman in america or asia, do you really need to care? >> i think so. because we are in a global economy. and what was done to cyprus has been an absolute disaster because any time a country now fears that they might have a financial crisis, first thing people are going to do is start a run on the bank. they're not going to take any chances. and so the germans and the e.u. boesched this thing. the i.m.f., it was done i think for political reasons, the germans did not want to see bailing out russian olegarks in election year but the way they did it was horrible. what they should have done is guarantee at the beginning those 100,000 euro deforests, anything above that they'd get shares in the new bank. you might take a hair cut but normally when a bank goes under, the creditors get shares in a new bank. these guys are just wiped out with no hope of recovery